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Economic Development

  • Measures of Growth report ranks Maine

    March 7, 2012

    The Maine Economic Growth Council yesterday released its annual Measures of Growth report, which ranks Maine on 25 economic indicators.

    March 7, 2012

  • Maine average for overall tax environment

    March 2, 2012

    A new report from the Tax Foundation ranks Maine in the middle of the pack for its tax environment for both mature and new businesses.

    March 2, 2012

  • CEI allocated millions in tax credit programs

    February 28, 2012

    Coastal Enterprises Inc. of Wiscasset and its for-profit arm, CEI Capital Management of Portland, have been allocated millions in two new market tax credit and capital investment programs.

    February 28, 2012

  • Bangor economic development director to resign

    February 28, 2012

    Rodney McKay is retiring as Bangor’s director of community and economic development after 45 years on the job.

    February 28, 2012

  • New incubator program hopes to create jobs

    February 16, 2012

    A trio of small-business incubators has formed a new organization to help startups grow.

    February 16, 2012

  • Report: Maine ranks first in 2011 job loss

    February 9, 2012

    A recent analysis by the Maine Center for Economic Policy claims Maine lost the most jobs per capita of any state in the nation in 2011.

    February 9, 2012

  • Survey: Consumer sentiment improving

    February 3, 2012

    Mainers are feeling more optimistic about the economy than they did last fall, according to a new survey from Portland-based Market Decisions. Consumer sentiment rose 12% from October 2011 to 64.1.

    February 3, 2012

  • Executive director named for Blackstone initiative

    January 31, 2012

    A Cape Elizabeth man is being tapped to lead a statewide effort to spur entrepreneurship and innovation in Maine.

    January 31, 2012

  • $300K in grants to fund coastal projects

    January 30, 2012

    Eight coastal projects around the state are receiving nearly $300,000 in grants to help enhance public access to the shore, keep clam flats open and improve water quality.

    January 30, 2012

  • ME improves slightly for business tax burden

    January 26, 2012

    Maine is 37th in the nation for its business tax climate, a slight improvement over last year’s No.

    January 26, 2012

  • LePage focuses on energy costs, creating jobs

    January 25, 2012

    Lowering energy costs, creating good-paying jobs and reducing taxes were among the main points Gov. Paul LePage highlighted in his first State of the State address last night.

    January 25, 2012

  • Five economists share their predictions for Maine in 2012

    Compiled By Mainebiz Staff January 9, 2012

    Every year, Mainebiz asks five prominent Maine economists to give us their predictions for the upcoming year. Given we're still trying to crawl out of the worst economic hole since the Great Depression, we're really putting them to the test.

    Compiled By Mainebiz Staff January 9, 2012

  • Augusta eyes a renaissance along the river

    Douglas Rooks January 9, 2012

    It's about two miles from Augusta's southern border, running along the eastern bank of the Kennebec River to the bridge that carries Route 3 high above the water.

    Douglas Rooks January 9, 2012

  • Report: Early education boosts work force

    January 6, 2012

    Investing in early childhood education is essential for developing a skilled work force, according to a new report from the Maine State Chamber of Commerce and the Maine Development Foundation.

    January 6, 2012

  • Air Force vet to lead County development group

    January 6, 2012

    Aroostook Partners for Progress, a public-private group that promotes economic development in The County, has hired Fort Fairfield native Bob Dorsey as its new president and CEO.

    January 6, 2012

  • Maine DOL releases 2010 livable wages

    January 5, 2012

    The Maine Department of Labor has released updated average livable wages for 2010 that range from $11.02 per hour to $21.89 per hour.

    January 5, 2012

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Today's Poll

Do you have a side hustle?
Poll Description

In the latest installment of our “Made in Maine” series, we visit the Gorham studio of textile designer Erin Flett, who has turned her after-hours basement side hustle into a well-known brand with a national wholesale network.

Nationwide, side hustlers started a record number of businesses during the pandemic. Today, a growing number of younger professionals are supplementing their income with a side job, as shown in a survey by Bankrate, the personal finance website. It found that 34% of Gen Zers (ages 18 to 28) have a side hustle, outpacing millennials (31%), Gen Xers (23%) and boomers (22%).

While some people can turn their side gigs into profitable businesses, others keep hustling their entire working lives –  or have neither the time nor the interest to do so. 

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